RNS No 9062h
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
28th October 1998


Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust plc at 23rd October 1998:-

Undiluted NAV                 142.93 pence per unit
Diluted NAV                   140.67 pence per unit


END

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